Ningxia Property Plant And Equipment Net vs Capital Lease Obligations Analysis

300967 Stock

13.59 0.57 4.03%

Ningxia Xiaoming financial indicator trend analysis is infinitely more than just investigating Ningxia Xiaoming Agr recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningxia Xiaoming Agr is a good investment. Please check the relationship between Ningxia Xiaoming Property Plant And Equipment Net and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningxia Xiaoming Agriculture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Property Plant And Equipment Net vs Capital Lease Obligations

Property Plant And Equipment Net vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningxia Xiaoming Agr Property Plant And Equipment Net account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.

The correlation between Ningxia Xiaoming's Property Plant And Equipment Net and Capital Lease Obligations is -0.92. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Ningxia Xiaoming Agriculture, assuming nothing else is changed. The correlation between historical values of Ningxia Xiaoming's Property Plant And Equipment Net and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Ningxia Xiaoming Agriculture are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Property Plant And Equipment Net i.e., Ningxia Xiaoming's Property Plant And Equipment Net and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Capital Lease Obligations

Ningxia Xiaoming Agr capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Ningxia Xiaoming asset purchases. For example, Ningxia Xiaoming can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Ningxia Xiaoming control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most indicators from Ningxia Xiaoming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningxia Xiaoming Agr current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningxia Xiaoming Agriculture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is forecasted to decline to about 37.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	7.4M	10.0M	31.6M	33.2M
Interest Income	1.8M	2.6M	2.6M	2.8M

Interest Expense Interest Income

Ningxia Xiaoming fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Net Debt	Capital Lease Obligations	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		-0.86	0.92	0.89	-0.07	0.64	0.44	0.99	0.68	0.91	0.9	0.96	0.91	0.67	0.97	1.0	0.66	0.95	-0.87	-0.3	0.98	0.96	0.96	-0.93	0.96	-0.61
Other Current Liab	-0.86		-0.69	-0.9	-0.24	-0.31	-0.56	-0.83	-0.42	-0.79	-0.63	-0.88	-0.78	-0.63	-0.77	-0.89	-0.72	-0.85	0.97	0.04	-0.89	-0.73	-0.79	0.8	-0.73	0.53
Total Current Liabilities	0.92	-0.69		0.77	-0.07	0.87	0.15	0.94	0.65	0.82	0.81	0.85	0.82	0.73	0.92	0.88	0.45	0.85	-0.71	-0.57	0.86	0.96	0.82	-0.85	0.95	-0.5
Total Stockholder Equity	0.89	-0.9	0.77		0.31	0.55	0.71	0.83	0.75	0.78	0.65	0.98	0.77	0.85	0.76	0.9	0.89	0.97	-0.97	0.03	0.96	0.75	0.84	-0.86	0.76	-0.52
Retained Earnings	-0.07	-0.24	-0.07	0.31		0.01	0.41	-0.15	0.11	-0.31	-0.46	0.13	-0.32	0.53	-0.25	-0.05	0.4	0.12	-0.35	0.49	0.08	-0.27	-0.21	0.19	-0.28	0.47
Accounts Payable	0.64	-0.31	0.87	0.55	0.01		-0.01	0.66	0.69	0.53	0.54	0.62	0.53	0.76	0.64	0.57	0.28	0.65	-0.4	-0.58	0.59	0.73	0.53	-0.62	0.71	-0.28
Cash	0.44	-0.56	0.15	0.71	0.41	-0.01		0.32	0.66	0.33	0.27	0.64	0.32	0.51	0.27	0.48	0.95	0.64	-0.68	0.7	0.6	0.2	0.52	-0.44	0.23	-0.25
Non Current Assets Total	0.99	-0.83	0.94	0.83	-0.15	0.66	0.32		0.61	0.92	0.92	0.91	0.91	0.61	0.99	0.98	0.56	0.91	-0.81	-0.41	0.95	0.98	0.95	-0.92	0.98	-0.61
Non Currrent Assets Other	0.68	-0.42	0.65	0.75	0.11	0.69	0.66	0.61		0.53	0.6	0.79	0.53	0.76	0.59	0.65	0.79	0.81	-0.58	0.1	0.74	0.6	0.72	-0.67	0.62	-0.33
Long Term Debt	0.91	-0.79	0.82	0.78	-0.31	0.53	0.33	0.92	0.53		0.88	0.86	1.0	0.51	0.91	0.91	0.54	0.86	-0.75	-0.4	0.87	0.93	0.91	-0.98	0.94	-0.87
Net Receivables	0.9	-0.63	0.81	0.65	-0.46	0.54	0.27	0.92	0.6	0.88		0.78	0.88	0.35	0.96	0.9	0.45	0.78	-0.6	-0.38	0.83	0.93	0.95	-0.85	0.94	-0.63
Common Stock Shares Outstanding	0.96	-0.88	0.85	0.98	0.13	0.62	0.64	0.91	0.79	0.86	0.78		0.85	0.8	0.87	0.96	0.84	1.0	-0.93	-0.09	0.99	0.86	0.92	-0.92	0.87	-0.59
Non Current Liabilities Total	0.91	-0.78	0.82	0.77	-0.32	0.53	0.32	0.91	0.53	1.0	0.88	0.85		0.5	0.9	0.91	0.53	0.85	-0.74	-0.41	0.86	0.93	0.91	-0.98	0.94	-0.88
Inventory	0.67	-0.63	0.73	0.85	0.53	0.76	0.51	0.61	0.76	0.51	0.35	0.8	0.5		0.52	0.64	0.72	0.81	-0.76	-0.07	0.74	0.58	0.55	-0.65	0.57	-0.26
Total Liab	0.97	-0.77	0.92	0.76	-0.25	0.64	0.27	0.99	0.59	0.91	0.96	0.87	0.9	0.52		0.96	0.5	0.86	-0.75	-0.44	0.91	0.98	0.95	-0.89	0.99	-0.6
Net Invested Capital	1.0	-0.89	0.88	0.9	-0.05	0.57	0.48	0.98	0.65	0.91	0.9	0.96	0.91	0.64	0.96		0.69	0.95	-0.89	-0.24	0.98	0.94	0.97	-0.93	0.94	-0.61
Total Current Assets	0.66	-0.72	0.45	0.89	0.4	0.28	0.95	0.56	0.79	0.54	0.45	0.84	0.53	0.72	0.5	0.69		0.84	-0.84	0.46	0.8	0.46	0.7	-0.65	0.48	-0.37
Capital Stock	0.95	-0.85	0.85	0.97	0.12	0.65	0.64	0.91	0.81	0.86	0.78	1.0	0.85	0.81	0.86	0.95	0.84		-0.91	-0.1	0.98	0.86	0.93	-0.93	0.87	-0.6
Non Current Liabilities Other	-0.87	0.97	-0.71	-0.97	-0.35	-0.4	-0.68	-0.81	-0.58	-0.75	-0.6	-0.93	-0.74	-0.76	-0.75	-0.89	-0.84	-0.91		-0.05	-0.93	-0.71	-0.8	0.8	-0.72	0.47
Net Working Capital	-0.3	0.04	-0.57	0.03	0.49	-0.58	0.7	-0.41	0.1	-0.4	-0.38	-0.09	-0.41	-0.07	-0.44	-0.24	0.46	-0.1	-0.05		-0.12	-0.54	-0.18	0.32	-0.51	0.32
Intangible Assets	0.98	-0.89	0.86	0.96	0.08	0.59	0.6	0.95	0.74	0.87	0.83	0.99	0.86	0.74	0.91	0.98	0.8	0.98	-0.93	-0.12		0.89	0.95	-0.91	0.9	-0.56
Property Plant And Equipment Net	0.96	-0.73	0.96	0.75	-0.27	0.73	0.2	0.98	0.6	0.93	0.93	0.86	0.93	0.58	0.98	0.94	0.46	0.86	-0.71	-0.54	0.89		0.92	-0.92	1.0	-0.66
Net Debt	0.96	-0.79	0.82	0.84	-0.21	0.53	0.52	0.95	0.72	0.91	0.95	0.92	0.91	0.55	0.95	0.97	0.7	0.93	-0.8	-0.18	0.95	0.92		-0.93	0.93	-0.67
Capital Lease Obligations	-0.93	0.8	-0.85	-0.86	0.19	-0.62	-0.44	-0.92	-0.67	-0.98	-0.85	-0.92	-0.98	-0.65	-0.89	-0.93	-0.65	-0.93	0.8	0.32	-0.91	-0.92	-0.93		-0.93	0.83
Property Plant And Equipment Gross	0.96	-0.73	0.95	0.76	-0.28	0.71	0.23	0.98	0.62	0.94	0.94	0.87	0.94	0.57	0.99	0.94	0.48	0.87	-0.72	-0.51	0.9	1.0	0.93	-0.93		-0.67
Short Long Term Debt	-0.61	0.53	-0.5	-0.52	0.47	-0.28	-0.25	-0.61	-0.33	-0.87	-0.63	-0.59	-0.88	-0.26	-0.6	-0.61	-0.37	-0.6	0.47	0.32	-0.56	-0.66	-0.67	0.83	-0.67

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GM	General Motors
F	Ford Motor

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Balance Sheet is a snapshot of the financial position of Ningxia Xiaoming Agr at a specified time, usually calculated after every quarter, six months, or one year. Ningxia Xiaoming Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningxia Xiaoming and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ningxia currently owns. An asset can also be divided into two categories, current and non-current.

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Ningxia Property Plant And Equipment Net vs Capital Lease Obligations Analysis

Property Plant And Equipment Net vs Capital Lease Obligations

Property Plant And Equipment Net vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Capital Lease Obligations

Ningxia Xiaoming fundamental ratios Correlations

Ningxia Xiaoming Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Ningxia Stock

COMMON DESTINATIONS

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COMPANY

Net Invested Capital	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Long Term Debt
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Assets Total

Capital Lease Obligations	- 0.98	Non Current Liabilities Total
Capital Lease Obligations	- 0.98	Long Term Debt
Non Current Liabilities Other	- 0.97	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.93	Capital Lease Obligations
Capital Lease Obligations	- 0.93	Net Debt
Intangible Assets	- 0.93	Non Current Liabilities Other